Nigerian proptech company Purple delivers a solid performance in its financial results for 2022

Nigerian-based real estate investment platform Purple delivered a solid performance in its announced unaudited results for the nine months that ended 30 September 2022, with three-digit service revenue growth of 207% across its entire market.

The real estate firm recently announced the launch of its first Initial Public Offering (IPO). The Offer is expected to be open for 25 working days, starting on the 21st of November and closing at midnight on December 23, 2022.

Following the completion of the IPO, its shares will be listed on the main market of the Nigerian Exchange (NGX), the regulated market managed by the Nigerian Exchange Group.

Techloy presents the key highlights with a chart to illustrate the results below: